The historical trend for the sold production of aircraft launching gear in the Netherlands shows significant fluctuation from 2013 to 2023, with notable peaks in 2017 and 2021, reaching a value of €705.04 million in 2023. The year-on-year variations ranged widely, indicating a volatile market, particularly with substantial drops in 2013 and 2020, and peak gains in 2017 and 2021. The five-year CAGR from 2018 to 2023 is modest at 0.52%, reflecting overall market stabilization after high variability in earlier years.
Moving forward, the market is expected to experience steady growth, with forecasted incremental annual increases, culminating in a projected value of €832.05 million by 2028. The forecasted five-year growth rate of 2.65% suggests a more stable market environment.
Future trends to watch for:
- Technological advancements in aircraft launching gear. - Increased demand driven by military and commercial aviation expansion. - Regulatory changes and their impacts on production standards and costs. - Potential geopolitical factors influencing the defense sector and related markets.
